This Is How My Mentor Set Up My Wealth | Ep 361

The Game with Alex Hormozi

Alex Hormozi

Business, Education, Entrepreneurship, How To

4.9 • 4.8K Ratings

🗓️ 11 January 2022

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Set yourself up for WEALTH! Today, Alex (@AlexHormozi) talks about the advice he got from his mentor on how to set up his entrepreneurship journey towards the path of success and wealth with insightful tips!

Welcome to The Game w/Alex Hormozi, hosted by entrepreneur, founder, investor, author, public speaker, and content creator Alex Hormozi. On this podcast you’ll hear how to get more customers, make more profit per customer, how to keep them longer, and the many failures and lessons Alex has learned on his path from $100M to $1B in net worth.

Timestamps:

(0:53) - Understanding risk in investments

(2:30) - Key investment considerations: yield, tax, and capital preservation

(4:38) - Strategic wealth allocation for entrepreneurs

(9:11) - Leveraging indexes for low-risk, high-return investments

(11:41) - The entrepreneur's approach to wealth management

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Transcript

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0:00.0	Real quick, you guys already know that I don't run any ads on this and I don't sell anything.
0:04.6	The only ask that I can ever have are you guys that you help me spread the words.
0:07.8	We can have more entrepreneurs, make more money, feed their families,
0:10.9	make better products, and have better experiences for their employees and customers.
0:14.9	The only way we do that is if you can rate and review and share this podcast.
0:19.4	The single thing that I have to do is leave review.
0:21.9	I'll take you 10 seconds or one type of the thumb.
0:23.9	It would mean the absolute world to me.
0:25.2	More importantly, it may change the world of someone else.
0:28.1	My mentor sold his company for $3 billion and I asked him,
0:32.3	how should I set up my wealth?
0:35.7	Welcome to the game where we talk about how to get more customers,
0:38.0	how to make more customers, how to keep them longer,
0:40.0	and the many failures and lessons we have learned along the way.
0:42.4	I hope you enjoy and subscribe.
0:46.9	My mentor sold his company for $3 billion and I asked him,
0:51.1	how should I set up my wealth?
0:52.8	In this video, what I want to talk about is one of the many components that he broke down for me
0:56.7	in terms of how I should set up my wealth and my investment as an entrepreneur.
1:01.8	Everything I'm going to break down is based on what that conversation was and what he explained to me.
1:06.7	So right off the top, he was like, listen,
1:09.1	there's only two things that you can do with your money.
	...

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